Crypto exchange Binance to buy rival FTX in apparent bailout

Crypto exchange Binance to buy rival FTX in apparent bailout
NEW YORK (AP) — The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world. Binance CEO Changpeng Zhao said on Twitter Tuesday that his company had signed a letter of intent to buy FTX because the …

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